Payment Options at Online Casinos

Published January 27, 2014

Learn about the variety of different online payment methods.

Players who are new to online casinos at first may be overwhelmed with the huge variety of payment options that are available. The payment methods, including e-wallets and credit cards, are the options that can be used to process place deposits and withdrawals to and from an online casino account. While these options are similar, there are a few differences players should know about.

Deposit and Withdrawal Times

The deposit and withdrawal processing times may vary depending on the type of option that is chosen. Generally, credit cards allow for an immediate deposit while options like bank transfers may require several days to be processed. Withdrawal times for all options are usually relatively similar as it takes several days for the online casino to verify the player’s information.

This verification process is done to protect players against fraudulent activity. All of the payment methods available at a reputable online casino have been verified to be completely safe and secure. In addition, reputable online casinos as well as the payment method provider encrypt all financial and personal information. This encryption makes it nearly impossible for unauthorized 3rd parties to access and read the information.

Alternate Payment Bonuses

Generally, players will want to choose their preferred payment option. However, some online casinos offer alternate payment bonuses. These bonuses are given to players for choosing a specific payment method. Usually the bonuses come in the form of free credits which are automatically added to the player’s account once they use the alternative payment method.